Suraksha Diagnostics IPO GMP: As of 11:22 am, the issue received bids for 23,96,082 shares, amounting to 18% of its total offering of 1,34,32,533 shares. The retail portion was subscribed to 32%, while qualified institutional buyers (QIBs) had not placed any bids. Meanwhile, the non-institutional investors (NII) segment saw 8% subscription.
RBI poised for 25 bps rate cut with accommodative stance amid global headwinds: Upasana Chachra
Morgan Stanley’s Upasana Chachra anticipates a likely 25 bps rate cut by the RBI, followed by another in June, contingent on growth trajectory. Escalating global